Namibia and Botswana Explore N$97.5 Billion Joint Oil Refinery

2026-02-16 - 07:31

Namibia and Botswana Explore N$97.5 Billion Joint Oil Refinery Namibia and Botswana are exploring a massive joint oil refinery project, estimated to cost N$97.5 billion (US$5 billion), with Walvis Bay in Namibia the likely site due to its deep-water port and logistics infrastructure. Botswana’s Ghanzi could serve as a storage and distribution hub, linking inland